04/17/2026
March 2026 Market Update 📊
The Metro Vancouver housing market continued at a steady but slower pace in March. Sales totaled 2,032, down 2.8% compared to March last year and nearly 32% below the 10-year average, showing demand is still below typical spring levels.
Inventory remains elevated, with 14,774 active listings, about 38% above the long-term average. At the same time, fewer new listings came to market compared to last year, helping keep overall inventory relatively stable.
The overall benchmark home price is now $1,104,300, down 6.8% year-over-year, but up slightly from February, suggesting prices are holding relatively steady for now.
The sales-to-active listings ratio sits at 14.2%, keeping the market in balanced territory. Buyers continue to benefit from choice and negotiating room, while sellers still need to price strategically to stand out.
Overall, both buyers and sellers appear to be taking a more cautious, wait-and-see approach as we move deeper into the spring market.
If you’re thinking about buying or selling this year, feel free to reach out — I’m happy to walk you through what these market conditions mean for your specific situation.
Julia Dominczak
YVR Real Estate Group
RE/MAX City Realty
📞 (778) 239-6440
✉️ [email protected]
